SINGAPORE (March 10): A consortium led by China Everbright Water has won the bid for the RMB956 million ($196 million) Hubei Suizhou High-tech Industrial Park Piaoshui and Fuhe River Basin Integrated Water Environment Restoration Public-Private-Partnership project.

The project will be invested, constructed, operated and maintained by a project company that is jointly established by the public and the private sectors.

China Everbright Water will take the lead on the private side with a 78.4% stake in the project company, while the government side will hold a 20% stake.

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